That’s how big Radebeul’s mountain of debt is
At the beginning of the year, Radebeul’s mayor presented the current debt level. The level of debt is at the same level as before the borrowing almost 30 years ago.
The city of Radebeul wants to be debt-free by the end of this decade. © Marion Doering
Radebeul. It has already become a tradition in Radebeul for Mayor Bert Wendsche (independent) to provide information about the city’s current debt level at the first meeting of the administration and finance committee of a new year. It was like that again this time. And the mountain of debt is getting smaller. The Lößnitzstadt is currently still in debt to banks for around 11.2 million euros. According to the city leader, this is the same amount as on December 11, 1994. A day later, on December 12, 1994, the city took out the first loan of the electoral period at the time, which Wendsche reminded the councilors of.
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2024-01-05 10:02:19
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